INTERNATIONAL WELDING EXPERT: what changed
INTERNATIONAL WELDING EXPERT
Largest movements
- Receivables within one year +€63,312
new in 2025: €63,312
of which Other amounts receivable: +€55,846
- Cash -€4,499
down €4,499 (-100.0%), from €4,500 to €1
mainly Receivables within one year (-€63,312) and Other debts (-€3,000)
- Reserves +€35,000
new in 2025: €35,000
- Tax, wage and social debts +€17,546
new in 2025: €17,546
- Accrued charges and deferred income +€7,466
new in 2025: €7,466
- Other debts -€3,000
no longer reported in 2025 (was €3,000)
- Profit (loss) carried forward +€1,256
up €1,256, from -€1,250 to €6
- Turnover +€390,887
up €390,887, from €0 to €390,887
- Purchases and services +€315,820
up €315,820 (+29,003%), from €1,089 to €316,909
- Gross operating margin +€75,068
up €75,068, from -€1,089 to €73,979
- Taxes +€17,546
new in 2025: €17,546
- Staff costs +€17,088
new in 2025: €17,088
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,500 | €63,313 | +€58,813 | +1,307% |
| Current assets | 29/58 | €4,500 | €63,313 | +€58,813 | +1,307% |
| Amounts receivable within one year | 40/41 | - | €63,312 | +€63,312 | |
| Trade receivables | 40 | - | €7,466 | +€7,466 | |
| Other amounts receivable | 41 | - | €55,846 | +€55,846 | |
| Cash at bank and in hand | 54/58 | €4,500 | €1 | -€4,499 | -100.0% |
| Total equity and liabilities | 10/49 | €4,500 | €63,313 | +€58,813 | +1,307% |
| Equity | 10/15 | €250 | €36,506 | +€36,256 | +14,502% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | - | €35,000 | +€35,000 | |
| Distributable reserves | 133 | - | €35,000 | +€35,000 | |
| Profit (loss) carried forward | 14 | -€1,250 | €6 | +€1,256 | |
| Amounts payable | 17/49 | €4,250 | €26,807 | +€22,557 | +531% |
| Amounts payable within one year | 42/48 | €4,250 | €19,341 | +€15,091 | +355% |
| Trade debts | 44 | €1,250 | €1,795 | +€545 | +43.6% |
| Suppliers | 440/4 | €1,250 | €1,795 | +€545 | +43.6% |
| Taxes, remuneration and social security | 45 | - | €17,546 | +€17,546 | |
| Taxes | 450/3 | - | €17,546 | +€17,546 | |
| Other amounts payable | 47/48 | €3,000 | - | -€3,000 | |
| Accrued charges and deferred income | 492/3 | - | €7,466 | +€7,466 | |
| Turnover | 70 | €0 | €390,887 | +€390,887 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,089 | €316,909 | +€315,820 | +29,003% |
| Remuneration, social security and pensions | 62 | - | €17,088 | +€17,088 | |
| Other operating charges | 640/8 | €161 | €3,055 | +€2,894 | +1,796% |
| Gross operating margin | 9900 | -€1,089 | €73,979 | +€75,068 | |
| Operating profit (loss) | 9901 | -€1,250 | €53,836 | +€55,086 | |
| Financial charges | 65/66B | - | €34 | +€34 | |
| Recurring financial charges | 65 | - | €34 | +€34 | |
| Profit (loss) for the period before taxes | 9903 | -€1,250 | €53,802 | +€55,052 | |
| Income taxes | 67/77 | - | €17,546 | +€17,546 | |
| Profit (loss) for the period | 9904 | -€1,250 | €36,256 | +€37,506 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,250 | €36,256 | +€37,506 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.